Credit Management and cash collection tools and tutorials

How to collect prior due date?

The preventive reminder is carried out before the due date of the invoice. It presents multiple advantages because of its precocity in the collection workflow. This is the first necessary step for your client to pay your invoices on due dates. It...

The keys of cash collection

Cash collection is an art. This art, done by the collection manager, requires the conjunction of many skills and sensibilities to reach a full effectiveness. The stakes involved are incredibly vast and vital for the company: credibility...

Collection efficiency calculation

Although multiple indicators are used to assess the performance of the collection officers, none is truly essential. Overdue%, DSO (Days Sales Outstanding), aging balance, and others provide advanced visibility to specialists but are not always...

The best strategy in Credit Management

The accounts receivable represent usually around 25% of the total assets of businesses, although this ratio depends strongly on the sector (trade, industry, services, etc.). It is therefore very significant for many businesses and very consumer...

Risk management or cash collection ?

Risk management or collection? Framework or foundations? Which of these activities is the most important and the noblest? Some will regard collection as a poor necessity, unlike risk management, which appears more intellectual and technical,...

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Words of Expert

Episode 3: The Challenges of Modern Credit Management in France

12-10-2024

Weaknesses in Processes and Tools Scarlett notes that in many companies, credit management and collection processes lack structure and rigor, leading to delays and inefficiencies. She highlights a...

Words of Expert

Episode 2: The Evolution of Credit Management in France

11-25-2024

Economic factors and the rise in insolvencies Changes in the area of credit management are closely linked to economic developments. From the 80s, the number of business insolvencies in France began...

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My DSO Manager is used by more than 2,000 companies in 87 countries!

11-21-2024

My DSO Manager is an integral credit management software solution, ERP agnostic, in real time, agile, in which all business components: risk, collection, disputes, performance, internal and external...

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Optimizing Credit Management and Recovery at ADP with My DSO Manager

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Tutorials

Discover our tutorials to improve your Credit Management approach. From risk management to cash collection, find the best advices from our Credit Management experts!

Risk management Assess your customers Secure your receivables Manage risk in export business

Collection How to collect your invoices? How to manage unpaid receivables?

Credit Management Credit Management The working capital